WORLD BANK HAS NO NEW FINANCING PLANS FOR CRISIS-HIT SRI LANKA
The World Bank does not plan to offer new financing to Sri Lanka, which is battling its worst economic crisis in decades
HAVE YOUR SAY
THE ARAGALAYAHow do you view the ongoing people’s struggle?
BUSINESS SENTIMENT
Time to dig deep for that island sense of joie de vivre and look for those silver linings… And despite the pessimistic economic forecast for the next 12 months
LIVING GALLERY
I’m a go-getter; and a positive person. I have to thank my father for my optimistic attitude. He was always up and about and very positive about whatever he did
BOOKRACK
Is there profit to be made in attempting to fix global problems instead of contributing to them? As new strains of disease plague daily living
PHARMACEUTICAL SECTOR
Even before the outbreak of COVID-19, Sri Lanka’s public healthcare sector was feeling the pressure of a faltering economy in terms of budget allocations
SO SRI LANKA
Sigiriya, originally a monastery, later housed a fleeing king and then gained fame as a modern-day tourist hotspot. Tales of its chief historical protagonist are Shakespearean in nature and encompass patricide
EXECUTIVE HEALTH
For the past few months, we’ve been managing as best as we can with hardly any gas, barely enough kerosene oil, and minimal petrol and diesel
THE ECONOMY
At the end of June, inflation was 54.6 percent with food inflation as high as 80.1 percent. The untold suffering of middle and lower income households
ECONOMIC OUTLOOK
Concerns about a global recession are high with many forecasters now predicting that the world economy may slow down from its post-pandemic recovery
APPAREL INDUSTRY
Sri Lanka’s apparel industry is globally reputed for its high level of quality and reliability; it accounts for 40 percent of the country’s exports.
EXPORT SECTOR
Sri Lanka’s export sector overcame the shocks of the pandemic considerably well. Total merchandise exports bounced back to pre-pandemic levels
SRI LANKANS OVERSEAS
Sri Lanka has a history of recovering from crises through solidarity; but unfortunately, it has been unable to become a developed nation
LMD TV
“I wish I had a magic wand, ” said the Chairman of the Ceylon Chamber…
SRI LANKA TODAY
There was much anticipation in the country when Ranil Wickremesinghe was appointed prime minister. People believed
